Personally I see PS5 and the next Xbox coming out in 2020 with a smaller possibility of it being sometime in 2019. I definitely think it won't be later than 2020 and definitely not earlier than 2019. Holiday 2019 is nearly a full two years away yet so I could see a possible fall 2019 release, it's far enough away. BUT with the release of PS4 Pro and Xbox One X it makes me think that 2018 is completely out and this generation will need maybe and extra 1-2 years because of those consoles. It'll be interesting to see what the next gen consoles end up being, I'm not sure what they can add beyond the 4K stuff that the Pro and X already have but I'm sure they'll come up with something worthwhile, but that's also why Sony and Microsoft will need the extra 1-2 years to release those machines.

Personally I see PS5 and the next Xbox coming out in 2020 with a smaller possibility of it being sometime in 2019. I definitely think it won't be later than 2020 and definitely not earlier than 2019. Holiday 2019 is nearly a full two years away yet so I could see a possible fall 2019 release, it's far enough away. BUT with the release of PS4 Pro and Xbox One X it makes me think that 2018 is completely out and this generation will need maybe and extra 1-2 years because of those consoles. It'll be interesting to see what the next gen consoles end up being, I'm not sure what they can add beyond the 4K stuff that the Pro and X already have but I'm sure they'll come up with something worthwhile, but that's also why Sony and Microsoft will need the extra 1-2 years to release those machines.

For whatever reason, I have a feeling it's going to be 2019. I think they'll have an event early in the year like they did with PS3 and then a full blown reveal at E3 with a November 2019 release. I think the specs will be something like this...